Stranded oil tankers trickle through Strait of Hormuz, adding to global supply
AI Summary
Stranded oil tankers stuck in the Gulf near the Strait of Hormuz are gradually moving through the passage, affecting global crude supply. Analysts estimate around 90 million barrels of crude remain delayed in this critical chokepoint.
Analysts estimated last week that close to 90 million barrels of crude were stuck inside the Gulf
Markets Commodities Energy Shipping oil tankers Strait of Hormuz crude supply global oil shipping delays Gulf region